Search Results for: executory sale

executory process

executory process. Civil law. 1. A process that can be resorted to either (1) when the right of a creditor arises from an act importing a confession of judgment, and that contains a privilege or mortgage in the creditor’s favor, or (2) when the creditor demands the execution of a judgment that has been rendered

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executed contract

executed contract (1)已履行的合同 指双方当事人均已完全履行义务的合同。如只是部分履行,则称为部分履行合同〔partially executed contract〕,实为待履行合同〔executory contract〕。 (2)即时清结合同 指合同订立时立即完全履行的合同,例如即时交割、银货两讫的现金合同〔cash sale〕。

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future interest

A property interest in which the privilege of possession or of other enjoyment is future and not present. • A future interest can exist in either the grantor (as with a reversion) or the grantee (as with a remainder or executory interest). Today, most future interests are equitable interests in stocks and debt securities, with

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future interest

future interest. A property interest in which the privilege of possession or of other enjoyment is future and not present. • A future interest can exist in either the grantor (as with a reversion) or the grantee (as with a remainder or executory interest). Today, most future interests are equitable interests in stocks and debt

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